News

Insurance

Beazley builds 7% Q1 growth on property burst, on track for ‘24 target

Beazley may have finished reducing reinsurance cessions; gross-to-net should be flat.   29 April 2024

Insurance

Munich Re marine veteran steers Loadsure into European markets

The insurtech MGA and Lloyd’s coverholder has been approved to write business in Europe.   29 April 2024

Alternative Risk Transfer

Jamaica secures $150m World Bank cat bond for four hurricane seasons

Its parametric structure allows for faster insurance payouts post event.   26 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

Insurance

Insurtech Inari unveils senior hire to support global growth plans

The company raised $5.2 million in funding last year.   26 April 2024

Reinsurance

Treaty renewals in 2024 should hold market’s latest gains: Munich Re

CEO Wenning confirmed €5bn profit target, but also noted 3Y streak of beating plan.   25 April 2024

Technology

Cytora taps former Aon veteran to support global growth plans

New board appointee ‘blown away by Cytora’s capabilities and use of AI’.   25 April 2024

Reinsurance

Hiscox Re & ILS, Ariel Re launch cyber catastrophe consortium CyberShock

CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.   25 April 2024

Risk Management

Juniper Re and ICEYE partner on flood and wildfire data

It aims to improve disaster management decision making.   25 April 2024

Technology

Inshur taps ex-investment banker as first CFO after ~4x growth in 2023

Finance industry expert to drive the insurtech’s expansion across the US.   25 April 2024

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